Govt increases GST on petroleum products to 22%

[Hyde]

Sir, Canada produces oil and thus, we do not have to import from distant countries, which adds transportation cost. Pakistan imports a lot of oil. But is the oil which is brought on the shores in those big ships free of charge? What about all the infrastructure needed etc?

This is what I am saying, Canada extracts oil from the backyard and we have to import it, so it is not wise to give an example of Canada.

Canada doesn't need all that. We can have railway line to transport oil across. We're even working on pipeline for other energy sources. Despite all this, we pay more than Pakistan.

Exactly, this is what I was saying so what was the point of comparing Canada?

So I don't know why you say "they can afford to sell oil cheaply." Yes we can, but we still don't pay anywhere close to the cheap price of oil in Pakistan. Also I don't recall saying anywhere that Canada sells oil for cheap compared to Pakistan. We actually pay more than US.

Canada can afford to sell oil cheaply since its home-production and Pakistan have to bear all the transportation expenses and the pipeline you mentioned above costs billions of dollars so our transportation costs make it even more expensive.

In the case of Venezuela and Saudi Arabia, you can't compare. They sell cheap oil to preserve their "leadership." And oil is certainly cheaper in Venezuela and Saudi compared to Canada, so don't compare that.

Well Canada falls under the bracket of Saudi Arabia and Venezuela due to being an oil rich and oil exporting nation.

Pakistan on the other hand falls under the braacket oil importing nations such as Bangladesh, Afghanistan and Sri Lanka so you chose wrong league of nation for comparison with Pakistan

The point is, Pakistan imports tons of oil and there is a big cost of transportation. Canada doesn't need to import from far places, yet we still pay more.

Exactly so there is no disagreement on that

Then they beg the gov't to offer subsidies. Which is what Pakistan has been doing and is in big budget problems. Electricity subsidy, oil subsidy. But hey, when oil price is low and gov't wants to balance budget out, people cry over 5% increase. Cuz hey, they want to screw the gov't one way or the other.

You are literally saying what I was saying earlier, I guess you didn't understand my point of view or compared Canada with Pakistan incorrectly..

 

[WishLivePak]

This is what I am saying, Canada extracts oil from the backyard and we have to import it, so it is not wise to give an example of Canada.

Exactly, this is what I was saying so what was the point of comparing Canada?


Canada can afford to sell oil cheaply since its home-production and Pakistan have to bear all the transportation expenses and the pipeline you mentioned above costs billions of dollars so our transportation costs make it even more expensive.

Well Canada falls under the bracket of Saudi Arabia and Venezuela due to being an oil rich and oil exporting nation.

Pakistan on the other hand falls under the braacket oil importing nations such as Bangladesh, Afghanistan and Sri Lanka so you chose wrong league of nation for comparison with Pakistan


Exactly so there is no disagreement on that

You are literally saying what I was saying earlier, I guess you didn't understand my point of view or compared Canada with Pakistan incorrectly..

I live in Canada. When you come here, come argue with me (After knowing things firsthand)

 

[Kabira]

Today oil was below $50.